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      01-17-2012, 02:43 AM   #111
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Finance guy stole your cash.
Sorry dude.

Good luck.
.
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      01-17-2012, 03:35 AM   #112
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Quote:
Originally Posted by EndlessZ4M View Post
The banks knew me though. They claimed they could give me $5000 cash now and $15000 in 5 days. I ran over to BofA and they had it on hand and asked if I needed more. lol Its a large bank in San Diego and the Union Bank was a small branch and made sense but not what I wanted to hear at the time. lol

I see where you are coming from though. I agree. I would be skeptical too. $20,000 does not take up much room. I had it in my foul weather jacket rubber banded up. lol

This is $10,000 cash. See, its small...

how do we know that's not a stack of 1's with a couple hunneds on top?
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      01-17-2012, 03:52 AM   #113
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Originally Posted by Legion5 View Post
I think people on here are being a little too harsh on the OP. While it's possible that he deals in cash to avoid taxes or because he's a drug dealer, it's also possible that he's a regular guy.

Either way, the dealer misplaced $20,000. That isn't just incompetent, that's criminal and a serious and legitimate problem for anyone. Seriously guys, wtf?
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      01-17-2012, 03:52 AM   #114
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The more and more I read this forum..... it dawned on me that it's much less likely that Valencia BMW stole the $ but more likely OP was able to cross the T's and dot the I's without providing money in one form or another. The purchaser accepted the paperwork and keys from the salesman and floored it out the lot, cash in hand.

In fact a picture is provided that it's still in possession.
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      01-17-2012, 04:28 AM   #115
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Quote:
Originally Posted by mdosu View Post
did you hand the 20k in cash in a dirty brown paper bag?
I'm guessing it was a sack with a big "$" on the side
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      01-17-2012, 04:40 AM   #116
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I sold my last car to someone and they paid strictly in cash...granted it was 17k only..still they did it in all cash...so I don't think it is that strange at all.
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      01-17-2012, 06:55 AM   #117
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Did you pay them in nickels? That would have been awesome!
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      01-17-2012, 07:56 AM   #118
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Bah just take your boys down there and bust in some knee caps
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      01-17-2012, 08:18 AM   #119
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Quote:
Originally Posted by BLACK OPS View Post
The more and more I read this forum..... it dawned on me that it's much less likely that Valencia BMW stole the $ but more likely OP was able to cross the T's and dot the I's without providing money in one form or another. The purchaser accepted the paperwork and keys from the salesman and floored it out the lot, cash in hand.

In fact a picture is provided that it's still in possession.

^ This seems like a likely scenario, although I must say I have no personal knowledge of any of these parties. However, if you look at it logically, it is highly unlikely that a finance manager is going to take someone's cash, pocket it over a paperwork technicality, repossess a customer's car, and draw a ton of potential criminal/legal attention and bad p.r. for $20K.

I also like to put big down payments when I purchase cars, but I would never hand over a wad of cash. I pay by making the dealership accept it on AMEX after the agreed price is finalized. That way everything is on record, my purchase is guaranteed, I pay no interest, and I get points. Not to mention AMEX sticks them with a 3-4% fee on their end just to add a little sting to the profit they're making on me.
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      01-17-2012, 08:20 AM   #120
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I find it amusing how a lot on here assume the worst from the OP when none know anything about his background and jump to conclusions. Every allegation made is simply conjecture.

Maybe the OP is a shady one, or maybe he isn't. Does anyone here know him personally?

Strange as it is to pay $20K in hard cash, while not the norm, is not unheard of.

Like many of you, I too am interested in seeing how this story unfolds
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      01-17-2012, 08:43 AM   #121
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Quote:
Originally Posted by mdyaman View Post
I find it amusing how a lot on here assume the worst from the OP when none know anything about his background and jump to conclusions. Every allegation made is simply conjecture.

Maybe the OP is a shady one, or maybe he isn't. Does anyone here know him personally?

Strange as it is to pay $20K in hard cash, while not the norm, is not unheard of.

Like many of you, I too am interested in seeing how this story unfolds
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      01-17-2012, 08:47 AM   #122
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Yeah I paid for my Bugatti Veyron in cash. 1.5 million wasnt that much.. only a few stacks. But damn, it took like a day for my bank to get the notes, even after they saw my account balance (of 3124321 million)
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      01-17-2012, 09:08 AM   #123
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Quote:
Originally Posted by James T. Kirk View Post
I pay by making the dealership accept it on AMEX after the agreed price is finalized. That way everything is on record, my purchase is guaranteed, I pay no interest, and I get points. Not to mention AMEX sticks them with a 3-4% fee on their end just to add a little sting to the profit they're making on me.
.
I've never been able to get a dealer to accept a credit card for a down payment. I'd love to have gotten that many miles! If you don't mind my asking, what sort of AMEX card?

BTW, Happy Birthday Benjamin Franklin!


P.S. SZK, I totally believe what a baller you are, would you be interested in some custom leather-covered carbon fiber hubcaps for that car? I guarantee they'll increase top speed by 5MPH
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      01-17-2012, 09:13 AM   #124
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Quote:
Originally Posted by ///My5UV View Post
I've never been able to get a dealer to accept a credit card for a down payment. I'd love to have gotten that many miles! If you don't mind my asking, what sort of AMEX card?

BTW, Happy Birthday Benjamin Franklin!

Business Platinum. I normally spring it on them at the last moment when they ask me to hand over the down payment. They always resist, but I don't give them any other choice as I'm always willing to walk.

It is Ben Franklin's birthday! What a funny factoid. Hmm... how many Benjamins are in 20K?... only 200. Not a big stack.
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      01-17-2012, 10:17 AM   #125
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I only read Page 1. Too much reading but interested in how this debacle ends up.

Any updates?
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      01-17-2012, 10:30 AM   #126
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Wow, this whole thing is crazy.

Sarcasm aside, I feel really bad for you op. If I were you I would go to the dealership and demand to see surveillance tapes or talk to the exact guy that you gave the money to. If they call the cops then good. Also, does the guy that you gave the money to just flat out deny ever seeing it?

I know 20k sounds like a lot because of the amount but if you think about it, 20k in hundreds is the same number of bills as 200$ in ones. That is only 200 bills so someone could have definitely put it in their sock or something.

I hope I am not the only one the believes the OP. I can definitely see how someone would be able to walk off with all that cash. I also find it highly unlikely that the OP would think that he could get away with just telling the dealership that he gave them the money and they just lost it.

It sounds to me like one of the low level sales guys that took the cash from you just pocketed it and now the senior level execs for the dealership are backing him based on his word because they truly have no idea that he actually did jack your money. I seriously doubt it is a giant conspiracy set up by the whole dealership. The main person you need to lean on is the guy that you actually handed the money too because right now, it is your word against his. Unfortunately, the only thing you can probably do is sue the dealership and ask for them to pay your attorney fees if you win.
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      01-17-2012, 12:07 PM   #127
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Originally Posted by mmm def View Post
Bah just take your boys down there and bust in some knee caps
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      01-17-2012, 12:10 PM   #128
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Quote:
Originally Posted by SehrSchnell View Post
Alright.. seriously, any updates? I'm sure you must've driven there by now....
The fact that he didn't go there right after it was repossessed just throws up a flag in my mind.
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      01-17-2012, 12:37 PM   #129
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yesterday "Monday" I checked at the dealership on the one and only M3 e93 2008 they have for sale (assuming it was or is the original posters M3).

Manager wrote back to me .... this;-

Good afternoon Rolf-Dieter,

You inquired this afternoon about one of my vehicles, a 2008 BMW M3 Convertible. This vehicle was actually sold last night. It can take a few days for it to be removed from the websites. I apologize for the inconvenience.

Regards,

Sean Crawford
Valencia BMW
Internet/Fleet Manager
Store: 661-288-7163
Cell: 818-406-3343


cust# 41547413
Ref: 1217

So much for the UPDATE

Note sold on a Sunday ??? in Canada BMW Dealerships are closed on a Sunday

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      01-17-2012, 01:58 PM   #130
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Quote:
Originally Posted by Rolf-Dieter View Post
yesterday "Monday" I checked at the dealership on the one and only M3 e93 2008 they have for sale (assuming it was or is the original posters M3).

Manager wrote back to me .... this;-

Good afternoon Rolf-Dieter,

You inquired this afternoon about one of my vehicles, a 2008 BMW M3 Convertible. This vehicle was actually sold last night. It can take a few days for it to be removed from the websites. I apologize for the inconvenience.

Regards,

Sean Crawford
Valencia BMW
Internet/Fleet Manager
Store: 661-288-7163
Cell: 818-406-3343


cust# 41547413
Ref: 1217

So much for the UPDATE

Note sold on a Sunday ??? in Canada BMW Dealerships are closed on a Sunday

Dealerships are open 7 days a week here in the US.
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      01-17-2012, 02:00 PM   #131
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Originally Posted by drew313 View Post
Dealerships are open 7 days a week here in the US.
Not all, but most. Steve Thomas is not open Sundays.
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      01-17-2012, 02:15 PM   #132
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Yeah I would've made a bigger deal than posting on the forum
I would go up to the guy I handed cash to and confront him until he cries
I would demand looking at security tape right then and there
I would never let them take the car back to begin with
I would have hired a lawyer by the first minute they called for payment
Last thing I would do is leaving a dealer without a cash payment receipt
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